It's starting to look like 2004/2005 all over again. Only now the directors are answerable to the shareholders - which incidentally includes a lot of us.
How long could we tolearate losing 10% of the workforce every month? How robust is our training system to process the new pilots required to make good this shortfall on top of recurrent training? How many flights can we operate without having to pair up N-rated Captains & FOs? How many CatII revals & max cosswind sim exercises will be dropped to shore up the creaking system? How many cancelled flights will that lead to this winter? And how many trainers will hang up their hats on the back of the workload required?
Did the accountants even attempt to factor in the value of pilot goodwill before they gave the board their dubious sums? Looking doubtful.
Who'll give me favourable odds of a substantial change to the make up of the board following our first AGM?